Financial Secretary Paul Chan unveiled Hong Kong’s 2020-21 budget on Wednesday. Photo: Sam Tsang
Financial Secretary Paul Chan unveiled Hong Kong’s 2020-21 budget on Wednesday. Photo: Sam Tsang

Hong Kong budget: financial chief unveils targeted measures to ease public’s pain and predicts growth up to 5.5 per cent

  • Paul Chan warns of record HK$257.6 billion deficit for current fiscal year and shortfall of more than HK$100 billion for coming one
  • Minister also unveils HK$5,000 digital voucher spending scheme, increase of stock transaction stamp duty, tax cut and interest-free loans for jobless

Financial Secretary Paul Chan unveiled Hong Kong’s 2020-21 budget on Wednesday. Photo: Sam Tsang
Financial Secretary Paul Chan unveiled Hong Kong’s 2020-21 budget on Wednesday. Photo: Sam Tsang
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